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2331 SW 7th St

Miami FL 33135

5
4
2760 sq. ft.
0.19 ac.
Single-Family
Currently for sale - view listing

Overview

Rare opportunity in central Miami! Assumable mortgage balance of approx. $361K at 2.5% interest. Fully furnished and currently operating as an APD Residential Habilitation Group Home. Ideal for a group home, healthcare facility, or ALF.Business, corporation, and licenses are not included; however, a qualified buyer may have the opportunity to continue operating while expanding or transferring their own licensing and approvals to operate under their own licensed business.Configured for residential-care use for approx. 10 years, this single-story property was remodeled in 2020 and offers approx. 2,695 SF, 5 bedrooms, 3½ baths, multiple common areas, den/office, Florida room, updated kitchen, equipped laundry, secure medication cabinet, impact windows and doors, Porcelanosa flooring, complete security system, and wheelchair/walker-accessible ramps. Exterior features include covered patio, gated entrance, 5-6 parking spaces, fully fenced yard, and irrigation well.Property passed its May 2026 APD licensing, Fire, and AHCA inspections. Potential gross business revenue of approx. $35,000+ per month, depending on occupancy and operations. Buyer to verify projections, licensing, and permitted uses.Excellent location near Coral Gables, Brickell, Downtown Miami, tourist areas, and major roadways. Potential short-term rental/Airbnb use subject to buyer due diligence and applicable approvals.

Features

5 bedrooms
4 bathrooms
2760 sq. ft. floor area
0.19 ac. lot size
Single-Family

Property history for 2331 SW 7th St

2021
Sold
$440,000
21 May 2021 by Danay Puebla Llanos, of LANDAN REALTY LLC

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Local market activity for 5 bedroom single-family properties in Miami

In the last 12 months, 6 five-bedroom single-family properties similar to 2331 SW 7th St, have been sold.

This represents a 50% decrease in five-bedroom single-family properties sales when compared to the previous 12 months.

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